November 2024
Data-driven insights into the changing world of work
Over the past 12 months, talent leaders have tackled one big challenge after another. Remote and hybrid working, the return to the office, hiring surges and headcount reductions, meeting the needs of a multi-generational workforce—the list goes on. And even with the increasingly significant role AI has in the workplace, one thing has remained constant—the importance of people and innately human skills.
“As experts in human potential and change management, talent leaders are uniquely positioned to help their organisations unlock human capability in this AI era of work. Just as you’d upgrade your tech stack, you’ll need to upgrade your talent playbooks to stay ahead and unleash all that’s possible.”
Teuila Hanson
LinkedIn senior vice president and chief people officer
In this report, we surface data insights from LinkedIn’s Economic Graph, the LinkedIn Executive Confidence Index survey, and our global member community of over a billion professionals to understand how the world of talent is shifting with the arrival and spread of generative AI (GAI).
What LinkedIn chief economist Karin Kimbrough says to talent leaders:
Hiring in most countries and most industries is still down year-over-year, but this slowdown has begun to show signs of moderation and even stabilisation in some cases like the technology, information, and media industry. LinkedIn data showing increasing internal mobility is encouraging and shows that companies are discovering how leveraging internal hiring can accelerate organisational agility, employee engagement and retention, and career development.
About 8 in 10 UK Executives see at least one way GAI will help their employees.
reduced time spent on mundane, but necessary, job tasks
increased productivity
freeing up employees’ time for strategic and creative thinking
From the work we do with large and small organisations throughout their AI journey, we see that the key to success is both on instruction but also governance. Whilst 61% of people are using AI within their current role, only 37% of companies report having a current AI policy. This presents huge risk, and therefore alongside having the right tools in place, ensuring that the correct guard rails exist in your organisation is critical.
What Meet’s VP of Insights, Success, and Marketing, Glenn Southam says to talent leaders:
AI is shaking things up in staffing, and the real game changer isn’t just automating tasks—it’s making us question why we’re still wasting so much human talent on them. With people craving more meaningful engagement, AI lets recruiters focus on what really counts: real conversations and smart connections. Still stuck in busy work? You’re already behind.
What LinkedIn VP & Head of Global Talent Acquisition Erin Scruggs says to talent leaders:
AI has the potential to lead to major shifts in how we hire and who we hire. As AI increasingly takes on the less complex, more repeatable tasks being done by the workforce, companies will need to hire talent who have broader, uniquely human skills. We’re seeing increasing demand for skills like problem-solving, adaptability, and collaboration—skills that spur organisational agility. And more and more, TA teams that are looking to hire quality talent faster should consistently scour their current employee base as a source of hire alongside potential external talent.
What LinkedIn Senior Director, Talent Development Stephanie Conway says to talent leaders:
Today, companies that embrace AI adoption are also reaping the benefits of skill development. It is more important than ever to foster a culture of continuous learning for everyone in your organisation, from new hires to senior executives, and to invest in learning that is aligned to key business goals. “Learning to learn” will become a critical skill for organisations as they develop talent who can adapt to the evolving workplace. I encourage talent leaders to continue experimenting with this new technology by integrating it into learning experiences and exploring how AI tools can scale learning across their organisations
On top of the improvement in the United Kingdom hiring rates, there are plenty more opportunities and reasons for talent acquisition professionals to be optimistic. The swift escalation of generative AI is a blessing disguised as a challenge. Companies that embrace GAI by securing the right tools, applying them intelligently, and supporting and guiding their teams in learning how to best use them will reap a windfall in increased engagement and productivity.
Even as workforces become more GAI savvy, they will simultaneously need to sharpen their particular human skills —think problem-solving, communication, creativity, and compassion. LinkedIn will be there each step of the way, with timely thought leadership and one-of-a-kind data insights as well as the talent tools and skill-building content you’ll need.
(1) The LinkedIn Hiring Rate (LHR) is the number of LinkedIn members who added a new employer to their profile in the same month the new job began, divided by the total number of LinkedIn members in that country. By only analysing the timeliest data, we can make month-to-month comparisons and account for any potential lags in members updating their profiles.
(2) “Internal mobility” is defined as any point in which an employee took a new position at the same company and includes both lateral moves and promotions. Companies with fewer than 100 transitions were excluded.
(3) The LinkedIn Executive Confidence Index (ECI) survey is taken every quarter by ~5,000 LinkedIn members at the VP-level or above in the following 11 Countries: US, India, UK, Canada, Australia, Germany, Brazil, France, Spain, Italy, and the Netherlands. ECI survey data cited in this report is from June 12-26, 2024. Members are randomly sampled and must be opted into research to participate. We analyse data in aggregate and will always respect member privacy. Data is weighted by Seniority and Industry to ensure fair representation of executives on the platform. The results represent the world as seen through the lens of LinkedIn’s membership; variances between LinkedIn’s membership and the overall market population are not accounted for.
(4) Employees skilled at using GAI are measured by members who have added at least one GAI skill, such as ChatGPT, to their LinkedIn profiles. Overall promotion rate is measured using the median ratio of total promotions by total average headcount and leadership promotion rate is measured using the median ratio of total managerial level promotions by total average headcount, both in the last 12 months. Only full-time employees are considered in companies with > 100 employees.
(5) The likelihood of developing a soft skill is determined by dividing the proportion of GAI skilled members who upskilled by the proportion of non-GAI skilled members who upskilled a given soft skill in the last 12 months.
Explore the translated Global Talent Trends.
Explore the regional Global Talent Trends.
France | The Netherlands | Germany | Australia | India | Southeast Asia
Questions? Comments? Feedback? Reach out to the report lead, Becki Murphy
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